Brexit - reflections on implications for financial reporting
A summary of the key financial reporting considerations for December 2020 year-ends and beyond.
Financial reporting guides and FAQs
Guides, FAQs and features from ICAEW's Financial Reporting Faculty and other experts offering analysis and commentary on how the UK's exit from the EU affects financial and corporate reporting.
UK-adopted IFRS: what will it look like?
10 March 2020: IFRS as adopted by the UK will replace its EU counterpart when the Brexit transition period ends on 31 December. Will this mean significant change for companies currently preparing accounts under EU-adopted IFRS?
Little change for financial reporting following Brexit for now
24 February 2020: on 31 January 2020 the UK left the EU. Or did it? From a financial reporting perspective, very little has changed.
Brexit and financial reporting: preparing FRS 102 accounts for 2019/20
UK companies preparing accounts for 2019 and early 2020 will need to consider how Brexit will affect the numbers and disclosures required.
Brexit and IFRS 9 Financial Instruments – expected credit losses
This guide outlines some considerations to help banks and others, including auditors and internal auditors, approach the challenges that have arisen from the introduction of IFRS 9 Financial Instruments and Brexit’s potential impact on this.